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Nepal Rastra Bank (NRB) to provide relief to industrialists affected by natural disasters

SPIL
Global College
Nepal Life New

Kathmandu. KATHMANDU: Nepal Rastra Bank (NRB) has brought relief to industrialists affected by natural disasters.

The central bank has released the first quarterly review of the monetary policy for the current fiscal year today.

Crest

The review has made a provision that banks and financial institutions can restructure or reschedule the loans issued to enterprises and businesses in Ilam and other districts affected by the recent floods and landslides by charging a minimum of 10 percent interest.

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